Underwriting Jobs in Villa Park, IL

An Underwriter in the insurance industry is responsible for assessing risk and eligibility of potential clients. They play a key role by examining insurance applications and determining whether to provide insurance, and under what terms. Insurance underwriters use software to help analyze information and make decisions. They are essentially the ones who decide if an insurance company should take on a potential policyholder and how much premium to charge for taking on risk. This decision is made based on the potential client's risk profile, which is evaluated using technical data and statistical models.

Important skills for an insurance Underwriter include analytical skills, decision-making abilities, attention to detail, and good judgment. They must be able to process complex information and make sound decisions. To increase their competency and credibility in the industry, Underwriters can pursue professional certifications such as Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (ACU), or Associate in Personal Insurance (API). Prior to becoming an underwriter, individuals may have roles such as Insurance Agent, Claims Adjuster, or Risk Analyst. These roles provide valuable exposure and experience in the field of insurance which can be helpful in understanding the fundamentals of risk evaluation.

1-15 of 235 Jobs
Brown & Brown Inc

Cyber/Tech E&O Underwriter

Successful: Bachelor's degree in Business, Risk Management, Finance, or related field Minimum 2-3 years of cyber liability/tech E&O underwriting experience in commercial insurance Technology E&O underwriting...

Liberty Mutual Insurance

Executive Underwriter, Middle Markets Construction

If you're a talented commercial insurance underwriter with construction expertise, confidence, and a deal-oriented mindset, this is an excellent opportunity for you....

Liberty Mutual Insurance

Executive Underwriter, Middle Market Technology

A related bachelor's degree; seven to ten years of relevant experience preferred; CPCU or professional insurance designation strongly preferred....

Liberty Mutual Insurance

Senior Underwriting Manager, Middle Market Life Sciences

of 2 years of proven underwriting management experience is preferred CPCU or professional insurance designation preferred Proven track record of developing and underwriting profitable business Proven...

Liberty Mutual Insurance

Executive Underwriter, Middle Market Life Sciences

property, general liability, products liability, clinical trials liability, errors & omissions (E&O), cyber, excess/umbrella, workers' compensation, auto, and multinational coverages....

Liberty Mutual Insurance

Executive Underwriter, Loss Sensitive - Large Construction

Solve complex problems Establish and build healthy working relationships exceeds in mentoring relationships, and negotiate as normally acquired Bachelor's degree CPCU or CRIS professional insurance...

Liberty Mutual Insurance

Underwriting Officer, Multi-Buyer Trade Credit

Liberty Mutual Insurance Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability...

Liberty Mutual Insurance

Executive Underwriter, Ironshore Environmental Wholesale Distribution

They contribute to maintaining a profitable, diversified book of business through effective underwriting decision making, mutually beneficial agent/brokers relationships, and application of underwriting...

Account Executive Officer/Sr. Underwriter, National Property

  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 hour ago
  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 hour ago

CPCU designation. What is a Must Have? Four years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience. What Is in It for You?...

Underwriter II (Remote)

  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 hour ago
  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 hour ago

compensation or property and casualty insurance experience required....

Remote Work

Senior Underwriter, Midwest Region, Primary Casualty

  • Chicago, IL (16 miles from Villa Park, IL)
  • 5 hours ago
  • Chicago, IL (16 miles from Villa Park, IL)
  • 5 hours ago

Utilize authority to underwrite and price loss sensitive (deductible/SIR) and guaranteed cost business for the following lines of business: Workers Compensation, General Liability and Commercial Auto...

Senior Data Underwriter - Employee Health & Benefits

  • Schaumburg, IL (12 miles from Villa Park, IL)
  • 10 hours ago
  • Schaumburg, IL (12 miles from Villa Park, IL)
  • 10 hours ago

Senior Data Underwriter - Employee Health & Benefits About Marsh McLennan Agency Midwest Marsh McLennan Agency's Midwest Region is a full-service brokerage providing business insurance, employee...

Underwriting Specialist, Casualty

  • Chicago, IL (16 miles from Villa Park, IL)
  • 12 hours ago
  • Chicago, IL (16 miles from Villa Park, IL)
  • 12 hours ago

What you will need to succeed: 5+ years of Commercial Insurance Company, Agency or Brokerage experience....

AVP or Underwriting Specialist, Casualty

  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 day ago
  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 day ago

Responsibilities: Underwrite profitable new and renewal business to meet Umbrella/Excess Liability portfolio targets in accordance with underwriting guidelines and underwriting authority....

AVP, Underwriter - Architects & Engineers

  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 day ago
  • Chicago, IL (16 miles from Villa Park, IL)
  • 1 day ago

Maintains underwriting quality assurance systems to ensure effective control and delivery of robust underwriting processes....

Demographic Data for Villa Park, IL

Moving to Villa Park, IL? Find some basic demographic data about Villa Park, IL below.


Local
National
29,821
1,349
Medium

Underwriting Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
AI for Loan Underwriting
Artificial Intelligence (AI) is transforming the financial landscape, particularly in loan underwriting, by enhancing efficiency, accuracy, and risk assessment. This course, AI for Loan...
Insurance Underwriting Principles and Practices
Within the ever-evolving insurance landscape, the significance of underwriters has reached unprecedented heights. These professionals play a crucial role in evaluating risks, establishing policy...
Mastering Mortgage Underwriting: A Crash Course
What is mortgage underwriting? How can I start a career as a mortgage underwriter?Start a career in underwriting by unlocking the world of mortgage underwriting in this comprehensive crash course...

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Salary for Underwriting Jobs in Villa Park, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Underwriting positions.



Highest Education Level

Underwritings in Villa Park, IL offer the following education background
Bachelor's Degree
49.7%
Master's Degree
14.7%
Associate's Degree
11.3%
High School or GED
9.8%
Vocational Degree or Certification
9.8%
Some College
2.3%
Doctorate Degree
2.1%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Underwritings in Villa Park, IL
None
40.0%
2-4 years
26.7%
1-2 years
20.0%
4-6 years
10.0%
6-8 years
3.3%


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